-

AM Best to Sponsor and Participate at Pennsylvania Association of Mutual Insurance Companies Annual Spring Meeting

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best will sponsor and participate in the Pennsylvania Association of Mutual Insurance Companies (PAMIC) Annual Spring Conference, which will take place March 8-9, 2023, in Hershey, PA.

AM Best Rating Services Senior Financial Analyst Adib Nassery will give a presentation on the state of the mutual insurance industry, with an emphasis on market challenges, in light of persistently high inflation, reinsurance market pressures and investment market volatility. Nassery’s presentation will take place on Thursday, March 9 at 9 a.m. (EST) and also cover the outlooks for both the commercial and personal lines segments.

AM Best is a platinum level sponsor for the event. PAMIC is a trade association that has represented the mutual insurance industry since 1907 with its membership representing the majority of the Mid-Atlantic region. For additional questions about the conference, please visit the event website.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2023 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Christopher Sharkey
Manager, Public Relations
+1 908 439 2200, ext. 5159
christopher.sharkey@ambest.com

Al Slavin
Senior Public Relations Specialist
+1 908 439 2200, ext. 5098
al.slavin@ambest.com

AM Best


Release Versions

Contacts

Christopher Sharkey
Manager, Public Relations
+1 908 439 2200, ext. 5159
christopher.sharkey@ambest.com

Al Slavin
Senior Public Relations Specialist
+1 908 439 2200, ext. 5098
al.slavin@ambest.com

More News From AM Best

Best's Review Looks at the Benefits of Agent Networks

OLDWICK, N.J.--(BUSINESS WIRE)--In its March Issue, Best’s Review examines how agents are seeking to gain an edge by becoming part of an agent network. The scope of the assistance that these networks provide has grown in recent years to include services like business development, technology and ancillary advice, insurance leaders say. Like the broader insurance industry, agent networks have been boosted by the recent entrance of private equity. Read “Agent Networks Offer More Tools, Access.” An...

Best’s Special Report: More Upgrades, Fewer Downgrades for U.S. Life/Health Insurers in 2025

OLDWICK, N.J.--(BUSINESS WIRE)--Rating change activity in the U.S. life/health segment declined overall in 2025, with downgrades for Long-Term Issuer Credit Ratings also decreasing slightly to 6.4% of the segment's rating actions, compared with the same prior-year period, according to a new AM Best report. The Best’s Special Report, titled, “Rating Affirmations and Upgrades Rise in 2025, Downgrades Drop for US Life/Health Insurers,” notes that U.S. life/annuity insurers have benefited from reco...

Best’s Special Report: US Property/Casualty Rating Affirmations Rose in 2025 While Upgrades Outnumbered Downgrades

OLDWICK, N.J.--(BUSINESS WIRE)--For the first time in several years, rating upgrades outnumbered downgrades for the U.S. property/casualty (P/C) industry in 2025, driven by the performance within the commercial insurance segment, according to a new report from AM Best. The Best’s Special Report, titled, “US P/C Rating Affirmations Rose in 2025 While Upgrades Outnumbered Downgrades,” notes that rating affirmations were the most common rating action taken across all segments in 2025, increasing t...
Back to Newsroom